SOLOWIN HOLDINGS (NASDAQ: AXG) announced that its indirect wholly owned subsidiary, Gello Finance Ltd., has signed a financial and technology services agreement with ATTRUS US LLC to jointly develop liquidity services, cross-border payment networks and stablecoin fiat on/off-ramp capabilities across Latin America, initially targeting Mexico and Brazil. Under the agreement, Gello Finance will integrate its blockchain technology, AI-driven payment routing infrastructure and dual-token digital ecosystem with ATTRUS’s established local financial networks and fiat settlement channels.
The collaboration will focus on reducing friction in cross-border payments, developing stablecoin conversion services for regional users and businesses and advancing digital financial infrastructure for sectors including embedded finance, cross-border e-commerce and Web3. The agreement supports SOLOWIN’s global expansion strategy following progress in the Asia-Pacific and Middle East regions, with technical integration and product deployment already underway for future Latin American service launches.
This partnership is significant as it aims to address inefficiencies in cross-border payments in Latin America, a region where many individuals and businesses face high costs and delays in transferring money internationally. By leveraging blockchain and AI technologies, the companies hope to provide faster, cheaper and more transparent payment solutions. The focus on stablecoins is particularly relevant given the volatility of local currencies in some countries, offering a more stable medium for transactions and savings.
For readers, this development could mean improved access to digital financial services, especially for those involved in e-commerce or remittances. Businesses may benefit from reduced transaction costs and faster settlement times, while consumers could gain easier access to digital assets. The move also signals growing interest from fintech companies in Latin America, a region with increasing digital adoption but still underserved by traditional banking.
SOLOWIN HOLDINGS is a global regulated fintech company that combines blockchain and artificial intelligence technologies to operate a fully compliant dual-token digital economy super platform. Its offerings span stablecoin issuance and payments, asset tokenization, securities trading and asset management, as well as AI-powered services including cloud infrastructure, Know-Your-Agent verification, and token router. Through its integrated ecosystem, including AX COIN, AX ONE, FERION, SOLOMON, SCION, and KOVAR, the company empowers global institutions and investors to capitalize on the rapid growth of the dual-token economy.
For more information, visit the company’s website at https://www.alloyx.com or its Investor Relations webpage at https://ir.alloyx.com. The latest news and updates relating to AXG are available in the company’s newsroom at https://ibn.fm/AXG.
This partnership underscores the ongoing convergence of traditional finance and digital assets, highlighting the potential for blockchain-based solutions to transform payment systems in emerging markets. As the technical integration progresses, stakeholders will watch for the impact on financial inclusion and the broader adoption of stablecoins in the region.
